HNASX vs. FELG
Compare and contrast key facts about Homestead Growth Fund (HNASX) and Fidelity Enhanced Large Cap Growth ETF (FELG).
HNASX is managed by Homestead. It was launched on Jan 22, 2001. FELG is an actively managed fund by Fidelity. It was launched on Nov 20, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNASX or FELG.
Key characteristics
| HNASX | FELG | |
|---|---|---|
| YTD Return | 22.64% | 23.04% |
| Daily Std Dev | 16.33% | 17.14% |
| Max Drawdown | -53.78% | -13.29% |
| Current Drawdown | -2.47% | -4.68% |
Correlation
The correlation between HNASX and FELG is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HNASX vs. FELG - Performance Comparison
The year-to-date returns for both investments are quite close, with HNASX having a 22.64% return and FELG slightly higher at 23.04%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HNASX vs. FELG - Expense Ratio Comparison
HNASX has a 0.84% expense ratio, which is higher than FELG's 0.18% expense ratio.
Risk-Adjusted Performance
HNASX vs. FELG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Growth Fund (HNASX) and Fidelity Enhanced Large Cap Growth ETF (FELG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
HNASX vs. FELG - Dividend Comparison
HNASX's dividend yield for the trailing twelve months is around 3.06%, more than FELG's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNASX Homestead Growth Fund | 3.06% | 2.57% | 6.80% | 9.12% | 4.73% | 4.55% | 11.39% | 6.41% | 1.54% | 6.52% | 10.15% | 3.38% |
FELG Fidelity Enhanced Large Cap Growth ETF | 0.31% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HNASX vs. FELG - Drawdown Comparison
The maximum HNASX drawdown since its inception was -53.78%, which is greater than FELG's maximum drawdown of -13.29%. Use the drawdown chart below to compare losses from any high point for HNASX and FELG. For additional features, visit the drawdowns tool.
Volatility
HNASX vs. FELG - Volatility Comparison
The current volatility for Homestead Growth Fund (HNASX) is 5.02%, while Fidelity Enhanced Large Cap Growth ETF (FELG) has a volatility of 5.75%. This indicates that HNASX experiences smaller price fluctuations and is considered to be less risky than FELG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.